108 S 22nd Avenue, Phoenix, AZ 85009
- $220,000
- 2
- BD
- 2
- BA
- List Price
- $220,000
- Days on Market
- 6
- Status
- ACTIVE
- MLS#
- 7079408
- City
- Phoenix
- Bedrooms
- 2
- Bathrooms
- 2
- Subdivision
- Capitol Addition
- Year Built
- 1921
Property Description
Rare Investment Opportunity: Prime Multi-Family Package in Phoenix Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs. This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow. The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio. Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.
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Additional Information
- Elementary School
- Mary Mcleod Bethune School
- High School
- Metro Tech High School
- Middle School
- Mary Mcleod Bethune School
- Community Features
- No Pool
- Construction
- Brick, Wood Frame, Brick Veneer
- Cooling
- Heat Pump
- Electric
- APS
- Heating
- Forced Air
- New Financing
- Conventional, Cash
- Parking Features
- None
- Roofing
- Composition
- Subdivision
- Capitol Addition
- Taxes
- $1,061
- Tax Year
- 2025
- Tenant Pays
- None
- Units
- 2
- Water
- City Franchise
- Zoning
- R-5
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Listing courtesy of Russ Lyon Sotheby's International Realty.